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    Nomura Launches Komainu Crypto Asset Bank With Ledger & CoinShares

    Nomura Launches New Collaboration that is Designed to Create a New Digital Asset Custody Solution: Komainu

    The new project built on blockchain technology is being headed by the merge of Nomura Ledger and Global Advisors to create Komainu.

    Nomura, a Japanese Financial holdings company and crypto wallet creator Ledger, as well as a firm for consulting and managing cryptocurrency known as Global Advisors (CoinShares) has made the announcement of their merger.

    The new movement/initiative is designed specifically to help create a new type of storage unit for virtual assets. The different storage options for institutional investors, as well as larger cryptocurrency companies have major storage needs.

    Another major goal of the company is to ensure their storage solutions are completely compliant with all regulations and rules that are required. The collaboration is mainly attempting to address the many issues happening with cryptocurrency and related services as far as safety and security go.

    There was a major announcement by all of the involved parties in regard to the Komainu.

    The announcement was,

    “will provide infrastructure and an operational framework to the wider investment management industry and enable investors to embed or implement a consistent set of best practice standards within their businesses.”

    The CDO or Chief Digital Officer, Jez Mohideen also has a belief that a good cryptocurrency company custodian which provides solutions, may potentially facilitate the easy addition of new investors into the institutional spaces.

    He was heard to say, “global investment managers have long been held back from full participation in digital asset markets, limited by operational and regulatory risk.”

    At the same time, he is convinced that Komainu is the right firm to lead the job, potentially being the only one that can.

    Being that cryptocurrency companies, coins and blockchain are starting to veer towards the corporate world for the most part, the need for custodial services to help with virtual assets is growing rapidly. Coinbase has recently launched Coinbase Custody for example, just earlier this year. Even the world’s second biggest custodial bank State Street is considering opening its doors to cryptocurrency in January of next year.

    Basically, the space is lucrative but is full of competition. But Ledger’s Well-established reputation is growing stronger day by day. The firm is known for it’s reliability as a cryptocurrency storage tech company that has been combined with the investment worthy ways of Nomura and Global Advisors who are helping to make Komainu one of the most formidable new players in the cryptocurrency market.

    The co-principal of different advisors, such as Jean-Marie Magnetti was heard to say, the company has been looking for a bold custodial based solution since the beginning back in 2012.

    “This partnership is a progressive stepping stone towards the creation of the necessary prerequisites for further growth within the digital asset ecosystem. This will open new and exciting opportunities to global participants and contribute to move digital asset closer to mainstream offerings.”

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    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

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